Lending

This article is also available in Spanish. Aave (AAVE), the leading decentralized finance (DeFi) lending protocol, has hogged the limelight with an extraordinary increase of…

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The recent rise in Bitcoin prices, which exceeded $100,000 for the first timeis making ripples in the long-struggling cryptocurrency lending sector, particularly through decentralized finance (DeFi) applications. According to…

Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital asset space: Tether Holdings Ltd. Lutnick is in talks to deepen financial ties between his companies and the…

Listed lender HF Group is seeking to raise Sh5.9 billion through a rights issue to boost its capital and lending. The cash call will see the bank issue 1.49 billion new shares at three per person, with each share priced at Sh4 apiece,…

NCBA Kenya has cut lending rates as lenders respond to the Central Bank of Kenya's (CBK) move to cut its benchmark interest rate by the biggest margin since 2020. The bank said on Friday it would cut interest rates on new…

As traditional banks tighten lending standards, a growing number of UK entrepreneurs are turning to pawnshops for vital funding. H&T, Britain's largest mortgage lender, has reported a rise in the number of small business…

(Reuters) - Mortgage finance companies Fannie Mae and Freddie Mac plan to impose tougher rules on lenders and commercial real estate brokers in the wake of an emerging regulatory crackdown on fraud in the multitrillion-dollar market, the…

Kenya's central bank fined 12 commercial banks last year for breaching rules on lending, capital adequacy and investment, new disclosures show. While the Central Bank did not disclose the affected institutions and the size of the fines,…

NEW YORK (AFP) - Bank of America Corp reported a decline in second-quarter profit on Monday, as higher interest rates eroded the bank's expenses, including its large consumer banking franchise.But like Goldman Sachs, Bank of America has…